781,752 Shares in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL) Purchased by Robeco Schweiz AG

Robeco Schweiz AG purchased a new stake in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 781,752 shares of the semiconductor company's stock, valued at approximately $19,434,000. Robeco Schweiz AG owned approximately 2.66% of Alpha and Omega Semiconductor at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp grew its stake in shares of Alpha and Omega Semiconductor by 2.4% during the 4th quarter. Bank of New York Mellon Corp now owns 147,398 shares of the semiconductor company's stock valued at $5,458,000 after purchasing an additional 3,475 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Alpha and Omega Semiconductor by 0.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 224,809 shares of the semiconductor company's stock valued at $8,325,000 after acquiring an additional 1,449 shares in the last quarter. Victory Capital Management Inc. lifted its position in shares of Alpha and Omega Semiconductor by 551.8% during the fourth quarter. Victory Capital Management Inc. now owns 18,237 shares of the semiconductor company's stock valued at $675,000 after buying an additional 15,439 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Alpha and Omega Semiconductor in the 4th quarter valued at approximately $922,000. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of Alpha and Omega Semiconductor by 47.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company's stock worth $34,000 after purchasing an additional 291 shares during the period. 78.97% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Alpha and Omega Semiconductor

In related news, EVP Bing Xue sold 1,845 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $23.73, for a total transaction of $43,781.85. Following the completion of the transaction, the executive vice president owned 130,951 shares of the company's stock, valued at $3,107,467.23. This trade represents a 1.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 16.90% of the stock is owned by corporate insiders.

Alpha and Omega Semiconductor Trading Down 3.1%

Shares of AOSL traded down $0.85 during mid-day trading on Monday, hitting $26.79. The company had a trading volume of 215,867 shares, compared to its average volume of 514,749. Alpha and Omega Semiconductor Limited has a 1-year low of $15.90 and a 1-year high of $53.29. The business's 50-day simple moving average is $23.86 and its 200-day simple moving average is $27.77. The stock has a market cap of $788.03 million, a PE ratio of -34.35 and a beta of 2.11. The company has a quick ratio of 1.36, a current ratio of 2.57 and a debt-to-equity ratio of 0.02.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last announced its earnings results on Wednesday, May 7th. The semiconductor company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.06. The business had revenue of $164.60 million during the quarter, compared to the consensus estimate of $157.23 million. Alpha and Omega Semiconductor had a negative net margin of 3.33% and a negative return on equity of 0.28%. The business's quarterly revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.04) earnings per share. Sell-side analysts forecast that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Wall Street Zen raised shares of Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating in a research note on Sunday, May 11th. Benchmark decreased their price target on shares of Alpha and Omega Semiconductor from $42.00 to $32.00 and set a "buy" rating for the company in a research report on Friday, May 9th. B. Riley raised their price target on Alpha and Omega Semiconductor from $30.00 to $35.00 and gave the company a "buy" rating in a research note on Friday. Finally, Stifel Nicolaus lowered their target price on shares of Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating on the stock in a research report on Thursday, April 17th.

Alpha and Omega Semiconductor Profile

Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.